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VTLE
Posted: Wed Oct 04, 2023 11:44 am
by Lbark
what is happening to Vital? I saw there was some insider selling and I know about the financings but why the continued downside? Seems like a good time to buy some more.
Re: VTLE
Posted: Wed Oct 04, 2023 12:22 pm
by Cliff_N
The same thing that is happening to the entire sector. Part of the herd that is heading south. Both VTLE and CPE are down over 7%.
Re: VTLE
Posted: Wed Oct 04, 2023 1:00 pm
by dan_s
CPE and VTLE are "High Beta" stocks because they have a relatively low number of shares outstanding, so one large sell can trigger a selloff. They are both very profitable at $80 or even $70 WTI.